The marked price of an article is Rs. 550. A shopkeeper allows a discount of 20% and still gets a profit of 10%. If he sells it for Rs. 470, his profit percent will be:
A. 16.8
B. 18
C. 17.5
D. 16
Answer: Option C
Solution (By Examveda Team)
Cost price = 400
Selling price = 470
Profit % $$ = \frac{{70}}{{400}} \times 100 = 17.5\% $$
This Question Belongs to Arithmetic Ability >> True Discount
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